Common Dreams: Schumer Accused of Caving to Big Tech as Antitrust Bills Languish

December 17, 2022 Media

In May, Senate Majority Leader Chuck Schumer promised an early-summer vote on bipartisan antitrust legislation that, while relatively modest, would take concrete steps to curb the vast power of Big Tech.

But with the end of the year approaching, Schumer has yet to deliver on his pledge, angering supporters of the bills who say the Democratic leader is caving to Apple, Google, Amazon, and Meta—corporate behemoths that have been lobbying aggressively against the antitrust measures.

Sarah Miller, executive director of the American Economic Liberties Project, said in a statement Friday that “Senator Schumer’s legacy as majority leader will be defined by whether he succeeds in putting the well-being of working people, honest businesses, and American democracy over the corrupting influence of Big Tech and other corporate monopolies.”

“Dozens of bipartisan hearings over the last two years have detailed the broad range of harms Big Tech and monopoly power cause: the systematic abuse of working people and small businesses, the collapse of independent local journalism, the manipulation and surveillance of children, the unfair barriers to innovation and upward mobility, and the erosion of democracies around the world,” said Miller. “With support from the White House and extensive bipartisan cooperation to advance important bills that would reassert Congress’ authority over monopolies like Google and Amazon, Senator Schumer’s legacy as majority leader is on the line.”